Question
A firm is just re-rated by Moody's and its default risk increases, which type of bond becomes more likely to be issued by the firm?
A firm is just re-rated by Moody's and its default risk increases, which type of bond becomes more likely to be issued by the firm?
|
| zero | |
|
| callable | |
|
| convertible | |
|
| municipal |
Which of the following bonds is NOT desirable if an investor thinks interest rates will fall?
|
| zero coupon bond | |
|
| convertible bond | |
|
| callable bond | |
|
| municipal bond |
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Capital Market Finance
Authors: Patrice Poncet, Roland Portait, Igor Toder
1st Edition
3030845982, 978-3030845988
